SpaceX Earnings Report, $100 Billion Share Unlock Spark US Stock Market Volatility
The US stock market is bracing for a volatile week as investors keep a close eye on key economic data releases. SpaceX's highly anticipated first earnings report and a massive share unlock worth over $100 billion are also on the radar. The Clarity Act, which has a deadline before Congress goes into recess, will be closely watched.
Markets will be monitoring several economic indicators, including the ISM Manufacturing PMI, JOLTS job openings data, and the ISM Services PMI. The US unemployment report and Bank of Japan's meeting minutes on monetary policy will also provide crucial signals for investors. These events have the potential to drive significant moves across equities, cryptocurrencies, and global markets.